The United States government has once again hit its borrowing limit. The government was permitted to borrow only through May 18, after which it can continue to operate without additional borrowing for about four months. Sometime this fall, Congress will have to raise the debt limit to prevent the United States defaulting on outstanding debt. The Republicans are demanding changes to entitlement programs – Social Security and Medicare – as a quid pro quo for their approval to raise the borrowing limit. President Obama has provisionally accepted these changes, if the Republicans agree to new taxes. The President has proposed a number . . .
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GOP pulls the ACA repeal bill prior to vote. Could cast a pall on broader GOP legislative agenda. ow.ly/sfns30aeI8v
About 16 hours ago from TheWashingtonUpdate's Twitter via Hootsuite
Dem Minority Ldr Schumer says he cannot support Gorsuch 4 SCOTUS. May set up big challenge 4 McConnell, go nuclear? ow.ly/fp2M30adK51
Yesterday from TheWashingtonUpdate's Twitter via Hootsuite
As we predicted- If GOP is unable to deliver on legislative promises, volatility will rise in the marketplace. ow.ly/BVtK30a9nZt
About 3 days ago from TheWashingtonUpdate's Twitter via Hootsuite
GOP reinvests CBO savings to solicit addtl GOP support 4 ACA R&R bill. Vote is Thursday.
About 4 days ago from TheWashingtonUpdate's Twitter via Hootsuite
Supreme Court is president's most lasting imprint on US history. Trump's begins today.
About 5 days ago from TheWashingtonUpdate's Twitter via Hootsuite